A Forex broker is a legal entity licensed to provide access to the foreign exchange market. Over the past few years, brokers have significantly expanded their services. In particular, almost all companies offer CFDs for trading in addition to regular trading instruments, thus providing money-making opportunities on commodities markets and stock exchanges.

So brokerage firms are basically intermediaries between a trader and financial markets. The service of online trading is provided through special trading platforms. Brokers make most of their money on spreads, the difference between the bid and ask prices, or on commission from deals. Brokers are commercial companies meant for getting as much profits as possible so they are interested in having active clients. The more deals traders will open, the greater profits a company will yield.

Selecting a broker, you should pay attention to not only trading conditions, but also to spreads and orders execution. Moreover, your broker should have a long-term market presence. It is crucial that it is a stable company having a wide network of representative offices. A company's reputation among its peers is one more criterion for identifying a reliable broker.

Expert Advisor

Scam Alert

More Information

The information presented on www.scamforex.com is for informative purposes only and is provided for free. The website administration is not responsible for reliability of the presented information and losses caused by using it.

All links provided on www.scamforex.com go to external resources, for reliability and availability of which the administration is not responsible.

Registered trademarks, logos and brands of companies and organizations, which are presented on the website, belong to their lawful owners and cannot be used without personal permission.

All available information is reserved if not stated or implied otherwise. The portal administration has the right to change materials on the website without notifying users.

Publishing the information from the website on other resources is permissible only with the hyperlink to www.scamforex.com.

Using the information presented on this website, you agree with Disclaimer and the rules that come into force immediately. The portal administration has the right to change the rules without notifying users.